LA| Bulletin 2026-03, issued by the Louisiana Department of Insurance, announces they are adopting the FSLSO-operated SLIP+ for States system as the exclusive platform for reporting surplus lines policies and endorsements effective on or after July 1, 2026, and for remitting associated premium taxes and fees, while endorsements on policies effective before that date must continue to be filed using the existing LDI system. Transactions reported through SLIP+ will be subject to the existing 4.85% surplus lines tax and a new 0.175% SLIP+ transaction fee on gross premium, both payable via ACH debit through SLIP+. Current SLIP+ users need not re-register, and unregistered brokers may begin registering July 1, 2026.
Key Points:
- Policies effective before July 1, 2026, continue to use LDIs existing reporting system for endorsements, and brokers can rely on current SLIP+ accounts or register beginning July 1, 2026, if not already enrolled.
- Effective July 1, 2026, SLIP+ for States becomes the exclusive reporting and tax remittance system for Louisiana surplus lines policies and endorsements with that effective date or later.
- Surplus lines tax remains 4.85% of gross premium, and a new 0.175% SLIP+ transaction fee applies to each reported transaction, both paid via ACH debit in SLIP+.